Legislation


Policy

U.S. House Approves Crypto FIT21 Bill With Wave of Democratic Support

The House's passage of the digital assets legislation passes the crypto baton to the Senate, where odds remain low for decisive action.

The U.S. House of Representatives passed its first significant crypto regulation bill. (Jesse Hamilton/CoinDesk)

Policy

SEC's Gensler Going Rogue in Solo Quest to Stop U.S. Crypto Legislation?

A new White House statement suggests not even the president who appointed the SEC chairman thinks the government can go on overseeing digital assets without new policy.

SEC Chair Gary Gensler in Washington on Oct. 25, 2023 (Jesse Hamilton/CoinDesk)

Policy

U.S. House Set to Vote for First Standalone Crypto Market Structure Bill

Lawmakers are set to vote on the FIT21 bill Wednesday afternoon.

House Financial Services Committee Chair Patrick McHenry (R-N.C.) (Nikhilesh De/CoinDesk)

Policy

SEC's Gensler Says House Bill Would 'Undermine' Regulator's Crypto, Capital Markets Oversight

SEC Chair Gary Gensler pushed back against the FIT21 bill hours ahead of a planned vote.

U.S. Securities and Exchange Commission Chair Gary Gensler (Jesse Hamilton/CoinDesk)

Policy

Several U.S. House Democrats Petition Colleagues to Join Yes Side on Crypto Bill

Crypto market-structure bill FIT21 is set for a vote on Wednesday, though its chances in the Senate remain uncertain.

House Financial Services Committee Chair Patrick McHenry (R-N.C.) said he's counting on a good vote total for the crypto bill sending a message. (Jesse Hamilton/CoinDesk)

Policy

Crypto Industry Rallies Behind House Bill as It Heads Toward Final Vote

The so-called FIT21 legislation to establish a U.S. regulatory regime for digital assets is set for a floor vote next week, and the sector is telling House leaders the effort is "crucial."

Key U.S. lawmakers met Thursday to talk about how to advance stablecoin legislation. (Jesse Hamilton/CoinDesk)

Policy

U.S. House's McHenry Says Senate May Be Swayed if Many Democrats Back Crypto Bill

The House is set next week to vote on a wide-ranging bill to set crypto regulations, though its potential in the Senate remains murky, despite the optimism of its proponents.

Rep. Patrick McHenry (Jesse Hamilton/CoinDesk)

Policy

U.S. House's McHenry Says Bill on Crypto Market Structure Will Get Floor Vote

The legislation known as FIT21, which would set up a system to govern U.S. crypto markets, is headed toward a House vote, though that may mark the end of this effort.

U.S. Rep. Patrick McHenry got tied up as temporary Speaker of the House, distracting him from crypto legislation. (Jesse Hamilton/CoinDesk)

Policy

Crypto Mixers Targeted in U.S. House Democrats' Effort to 'Clamp Down' on Money Laundering

New legislation is on the way to target mixers as money-laundering tools, according to Rep. Sean Casten, who also highlighted Tether as the favorite token for illicit finance.

Sheila Warren writes Sam Bankman-Fried's case is a "tale as old as fraud." (Jesse Hamilton/CoinDesk)

Policy

Stablecoin Bill Unlikely to Get Pinned to FAA Reauthorization, Putting Effort On Hold Again

A flash of hope that an FAA bill could carry U.S. stablecoin rules across the finish line has been momentarily dashed as congressional leaders were said to ward off amendments.

Sheila Warren writes Sam Bankman-Fried's case is a "tale as old as fraud." (Jesse Hamilton/CoinDesk)